The ArcBest Corp. subsidiary ABF Freight System has reached a tentative agreement with the Teamsters National Freight Industry Negotiating Committee, the company announced June 7.
June 8, 2023Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
May Class 8 Orders Show Year-Over-Year Rebound
North American Class 8 orders in May reversed the trend of year-over-year declines by increasing to 15,500 units, ACT Research reported.
June 8, 2023Nearshoring Raises Cargo Theft Concerns
The increasing interest in nearshoring poses unique security considerations, including a higher likelihood of cargo thefts.
June 8, 2023EV Sales Are Soaring as Oil Use Is About to Peak
The share of electric vehicles in sales of new passenger vehicles is set to more than double globally in the next few years — to 30% in 2026.
June 8, 2023Dismal Sales Undercut Carmakers Pushing Hydrogen Fuel Cells
Toyota Motor Corp. and Hyundai Motor Co. have put their weight behind hydrogen fuel-cell vehicles, but dismal sales in 2022 suggest customers remain extremely wary.
June 8, 2023Congressional Funding Leaders Eye Fiscal 2024 Bills
Moving on from monthslong negotiations over the nation’s debt ceiling, congressional leaders are turning their attention to the annual budget process on Capitol Hill.
June 7, 2023West Coast Ports See Disruption as Labor Talks Drag On
Tensions between the Pacific Maritime Association and the International Longshore and Warehouse Union are heating up as periodic, unannounced work stoppages occur at several ports.
June 7, 2023North Carolina School Gets $1.7 Million to Expand CDL Program
A $1.7 million federal grant to help Guilford Technical Community College in Jamestown, N.C., expand its truck driver training program will be matched with $2.6 million in state funds.
June 7, 2023Penske Automotive Group Buys Winnipeg Truck Retailer
Penske Automotive Group on June 5 acquired Transolutions Truck Centres, a Canadian retailer of medium- and heavy-duty commercial trucks and buses.
June 7, 2023HTI Acquires U.S. Trailer Parts & Supply
Hinton Transportation Investments Inc. (HTI) acquired Chicago-based U.S. Trailer Parts & Supply Inc., a distributor of heavy-duty trailer parts, it said June 6.
June 7, 2023Trending
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